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Nov 16, 2012
11/12
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seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high earners as a plan to raise our massive debt. republicans say they agree with the goal, but want to do it a different way than the president. jim angle tonight on their alternative. >> president obama wants to take money from wealthy taxpayers, republicans say they're willing to raise revenues, but not tax rates. and that leaves ample middle ground that could satisfy both, putting a cap on the amount of deductions any one person could claim, such as $50,000. >> that means the maximum number of deductions you can take is $50,000, you can take it for anything you want, but you can't take more than 50,000. >> the tax policy
seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high...
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Nov 16, 2012
11/12
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CNBC
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what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these bounces. >> what a significant pop seeing in the stock market, guys. throw up the dow industrials on an intraday. in fact, throw up all three intraday charts because you're going to see quite a dramatic reversal. the dow industrials up 48 points. highs of the day, again, down 50 to 60 points or so as the wraps wrapping up and positive comments of the leaders in the room with the president today. unless you have a rally on wall street and let's get to washington to the north lawn of the white house where john harwood is. this seemed to go as well as one could hope thus far, at least. >> reporter: i thin
what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these...
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Nov 18, 2012
11/12
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WJLA
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i saw a picture of john boehner, this cartoon holdingter, john ehner the football and saying to me."a "trust >> there was an election on november 6 and the democrats did the parade who gis here? -- did not do that at e. who gives here? >> everybody has to giveve. >> it is true. of cannot tax your way out cannot slash you out of this get debt. you have to do both. >> gradually. >>>> the president seems to be deal -- a two-for-one every $1 of tax increase, he expenses by $2. . 1-2-3on-bowles had a ratio. republicans want zero. >> the business community does want us to go over the cliff. >> if he uses different -- orage, whether their republicans amenable to an increase in taxes -- >> use the word "revenue." >> you have e an nancy pelosi taking the position that it $1 million, not $250,000. said make itas $500,000. movement ise the going to come. >> we are nibbling at the edges. know, but that is where comes.ement >> i is there a deal behind clod doors that that we don't know about? i don't think so. posturing at this point. >> the tea party is not as was.g as it the memberswho came bac
i saw a picture of john boehner, this cartoon holdingter, john ehner the football and saying to me."a "trust >> there was an election on november 6 and the democrats did the parade who gis here? -- did not do that at e. who gives here? >> everybody has to giveve. >> it is true. of cannot tax your way out cannot slash you out of this get debt. you have to do both. >> gradually. >>>> the president seems to be deal -- a two-for-one every $1 of tax...
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Nov 20, 2012
11/12
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MSNBCW
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apparently john boehner didn't get the memo. this is "the ed show." let's get to work. >> we've seen talk about a possible compromise that would leave rates the same, but cap the deductions for high income earners. is that something acceptable? >> no. >> democrats aren't budging. the service employees international union breaks news on my radio show. >> how would you feel if the bush tax cuts expired all the way across the board and we started over with the obama tax cuts? how would that work for you? >> i think that would be acceptable. >> former labor secretary robert reich and congressman bill pascrell on the latest movement on the fight for the middle class. >>> a judge orders mediation for hostess and its employees. but make no mistake, the vulture capitalists will get their cut. i'll talk twinkie with rolling stone's matt taibbi. >>> plus john mccain. >> the chickens are now coming home the roost. >>> the banks revolt against elizabeth warren, and workers are threatening strikes at walmart stores across america. >> we expect our associates to sh
apparently john boehner didn't get the memo. this is "the ed show." let's get to work. >> we've seen talk about a possible compromise that would leave rates the same, but cap the deductions for high income earners. is that something acceptable? >> no. >> democrats aren't budging. the service employees international union breaks news on my radio show. >> how would you feel if the bush tax cuts expired all the way across the board and we started over with the...
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Nov 17, 2012
11/12
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WETA
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they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you cannot tax your way out of this debt, you cannot slash expenses and get out of this in debt. you have got to do both. >> somewhat gradually. >> the president seems to be offering a two-for-one deal -- for every $1 of tax increase, he will cut expenses by $2. simpson-bowles wanted a one-to-3 ratio. the republicans want zero. >> but they have the business community that does not want us to go for the cliff -- >> if you use a different language, are there republicans amenable to an increase in taxes -- >> use the word "revenue." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50
they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you...
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Nov 17, 2012
11/12
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WMPT
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boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people with sort of the seeing this game of chicken being played at such a high stakes time. i think there is certainly, after this election, there is kind of a let's get down to business. let's see if we can get this thing done. whether that can translate -- david just said, the biggest sticking point, taxes on the wealthy is still on the table. you can sing happy birthday to john boehner as much as you want. gwen: he would still say no. >> absolutely. i think it's really premature to try to predict what is going to ha
boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people...
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Nov 14, 2012
11/12
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CNBC
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 19, 2012
11/12
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FOXNEWSW
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after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the deductions and loopholes. he is not going to get the people to go along raising rates. there is the rhetoric the president engaged in on the campaign and then there is reality of washington. he is going to have to compromise on that to some degree if he wants a deal. >> chris: so does he have to compromise or do republicans compromise? >> first, i don't understand where the republicans think they have leverage here. you have seen that in tent whichs not just by boehner but people elsewhere. re-knew saying okay, we are going to let there be more revenue. but the pre
after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the...
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Nov 18, 2012
11/12
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KQED
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. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get rid you have got to do both. >> someone gradually. >> president seems to be offering a two-for-one deal, for every $1 of tax increase, he will cut taxes by two dollars. simpson-bowles wanted a one-to-3 ratio. publicans 10. -- republicans want zero. >> business community does not want us to go over the cliff. >> what the republicans amenable to increases in taxes -- >> use the word "revenue." >> you had nancy pelosi taking the position -- $1 million, not $250,000. john mccain has suggested make it $500,000. that is where the movement is going to come, with that number. >> is there a deal in the works behi
. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get...
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Nov 16, 2012
11/12
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FOXNEWSW
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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Nov 17, 2012
11/12
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the reason is you look at what boehner said. boehner was for a deal last year. we have to figure out what does eric cantor think, what does michele bachmann think, what does rand paul think? john bainer is the leader of the republican party in name, but he often is not leading them in policy. unless we know obama $1 trillion in tax increases, i'm not sure that rush limbaugh is for that right now. until we know that other conservatives outside of john boehner support that idea, it's hard to see where the compromise is. so i think i'm not optimistic either about where we are right now. >> just to jump in, i would echo that. sometimes we analyze these guys like boehner is the ceo. and that may be the case, but he has a board of directors. he's got other stakeholders to deal with. and we've got to see some movement from them if that bipartisanship that you were talking about in the beginning, mara, if that's going to go anywhere. >> i'm sorry, go ahead. >> i would just point out there was real skepticism about whether boehner could deliver a deal with the debt ceili
the reason is you look at what boehner said. boehner was for a deal last year. we have to figure out what does eric cantor think, what does michele bachmann think, what does rand paul think? john bainer is the leader of the republican party in name, but he often is not leading them in policy. unless we know obama $1 trillion in tax increases, i'm not sure that rush limbaugh is for that right now. until we know that other conservatives outside of john boehner support that idea, it's hard to see...
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Nov 16, 2012
11/12
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MSNBC
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i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or things they may not like that comes out of these negotiations? >> reporter: well, i think it's both. i think it's that he's trying to prepare some on the left for concessions. he's trying to build up really his strength to be able to put pressure on republicans to come to the table with him over taxes. president obama meeting with with union leaders early this week, also business leaders, so he's really trying to form a broad consensus, i think, to put pressure on republicans and democrats to get something done, to actually get something accomplished before that january 1st deadline. tam
i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or...
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Nov 15, 2012
11/12
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FOXNEWSW
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speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion to avoid the so-called fiscal cliff. the president is having leaders in both parties here at the white house on friday. that's when they should start hashing all this
speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of...
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Nov 20, 2012
11/12
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MSNBCW
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what is boehner's intel here? >> because john boehner is smart enough to know he needs to keep paul ryan as close to him as possible. remember, you have paul ryan is part of the young guns. so they caused a little mischief the last time we tried this. this is less about having faith in paul ryan's actual ideas and more about politics. and sort of keeping his close, keeping him engaged, busy doing something so he's not out there making mischief. >> rana, it seems maybe that conservatives are coming to grips with the notion that there may be a tax increase on upper income earners e. i point you to bill crystal saying the unspeakable. let's take a listen. >> there will be a deal by december 31st. i believe republicans will yield on top rates. president obama ran twice and won two elections. he didn't raise rates in 2009. we were in the midst of horrible downturn. they were able to bargain to a deal. i don't think republicans have the lemplg or that it's worth using whatever leverage they have to maintain rates at 35%
what is boehner's intel here? >> because john boehner is smart enough to know he needs to keep paul ryan as close to him as possible. remember, you have paul ryan is part of the young guns. so they caused a little mischief the last time we tried this. this is less about having faith in paul ryan's actual ideas and more about politics. and sort of keeping his close, keeping him engaged, busy doing something so he's not out there making mischief. >> rana, it seems maybe that...
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Nov 14, 2012
11/12
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boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to be in a position of actually having to lead. mcconnell can still be, because he's in the minority, can still be -- well, he can't make it his top priority to defeat obama but he can make it a top priority to defeat all of obama's policies. >> wouldn't it be great if they actually worked together? >> it's important to keep in mind john boehner is an old school guy willing to cut deals and be reasonable and compromise. now, the question is whether or not with eric cantor and the rest of the leadership kind of eyeing him how far he'll be able to go. but boehn
boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to...
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Nov 16, 2012
11/12
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>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept him from getting there, but i see a different kind of resolve and obviously, martin, for the interests of the country we hope that they don't lead us off this cliff that, as you point out, is artificially created by them, and so there's -- i think there's great hope that we can get this accomplished and set up the framework for the next session. >> okay. well, i want to play something for you of that encapsulates the outlook of some republicans. listen to this. >> i mean, it's a proven political strategy, which is give a bunch of money from the government to a
>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept...
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Nov 18, 2012
11/12
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WBFF
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. >> chris: president obama and speaker boehner sounding up beat friday about prospects for cutting a deal to avoid the fiscal cliff and we're back now with the panel. so, after the president and congressional leaders met at the white house, on friday, the rhetoric was reassuring, the question is, is it real? do you get any sense, bob and this is the subject of your new book, that they really do see, are beginning to see a path to a compromise or are they trying to reassure nervous consumers before the christmas holidays and, investors because the stock market is done a thousand points. >> everyone is nervous about this. this is the last chance and the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood but the way they'll solve this, is kind of hostage exchange, in other words, the republicans are determined not to let tax rates go up and the president is determined or is determined to get more revenue and, it is possible to do this and the president is going along, it seems, with it some idea of entitlement reform, that
. >> chris: president obama and speaker boehner sounding up beat friday about prospects for cutting a deal to avoid the fiscal cliff and we're back now with the panel. so, after the president and congressional leaders met at the white house, on friday, the rhetoric was reassuring, the question is, is it real? do you get any sense, bob and this is the subject of your new book, that they really do see, are beginning to see a path to a compromise or are they trying to reassure nervous...
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Nov 16, 2012
11/12
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WUSA
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. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. the goal would be to set specific targets now for savings from those reforms. that would negate the need for steep spending cuts congress called for last year that are set to kick in on january 1, the same day the bush tax cuts are set to expire. that damaging combo has been come to be known as the fiscal cliff. while democrats often balling at any mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. >> reporter: leader pelosi said there appeared to be interest in a big deal, about four trillion dollars worth of deficit redictions along the lines of the grand bargain that fell apart wean the president and speaker boehner last year, anthony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to accomplish in that time?
. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. the goal would be to set specific targets now for savings from those reforms. that would negate the need for steep spending cuts congress called for last year that are set to kick in on january 1, the same day the bush tax cuts are set to expire. that damaging combo has been come to be known as...
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Nov 17, 2012
11/12
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. >> during that meeting the president sat between house speaker john boehner and senate majority leader harry reid calling for cooperation and compromise. >> we've got to make sure that taxes don't go up on middle-class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republicans and independents, people all across the country, share. so, our challenge is to make sure that, you know, we are able to cooperate together, work together. >> joining me now for more, congressional reporter for "the washington post" ed o'keefe and national journal correspondent nancy cook. good morning both of you. last time we saw those three together, sort of a kumbayah moment when you have reid and boehner and mcconnell together. did you get a sense, ed, putting revenue on the table meant republicans were open to tax hikes for those makes $250,000 or more? >> no, they're not. they still say they don't want to see that increase. by talking about revenues the idea is you close loopholes, find a way to perhaps limit deductions and create revenue that w
. >> during that meeting the president sat between house speaker john boehner and senate majority leader harry reid calling for cooperation and compromise. >> we've got to make sure that taxes don't go up on middle-class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republicans and independents, people all across the country, share. so, our challenge is to make sure that, you know, we are able to cooperate together, work...
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Nov 17, 2012
11/12
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what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they will criticize the democrats the next election. >> that's a great point. heather, you were in washington and watched the sausage making happen. how much leverage do you think there is? >> that's a good question. i think unfortunately we may have to get through this period of time of complete detachment from reality. and then the conversation will shift as it will as people start to gear up for the midterms. people start looking out into the country again and saying, hey, we're still at about 8% unemployment out here. jobs are still the number one concern of voters. not on the donor class, but of v
what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they...
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Nov 15, 2012
11/12
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and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during the recovery than they did during the preceding recession. 4.8% down versus 2.7% down. unemployment is higher now than when the president first took office. what's made people feel good is a rising stock market. they felt wealthier. now with all these big tax increases coming on on capital gains and dividends, people don't feel that anymore. the significance of this poll, larry, is it's the first poll taken after the election. and the rhetoric has been very strong, also from harry reid. remember, when it looked like romney might win, he said there's going to be in reaching across the
and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during...
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Nov 17, 2012
11/12
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CNBC
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that's what boehner wants to do. what boehner said the day after the zbl the -- >> no, let me pick you up on that. that would be very bullish. i happen to totally agree with you. and that's exactly what speaker john boehner wants to do. that is precisely what he wants to do. essentially have tax reform and have entitlement reform and have it laid out so it it all gets done next year. this year is the down payment. >> that's right. >> now, don, is it too early, though, to make a bet on any of this? that's really what i'm asking. between now and year end, when the bush tax cuts expire at year end, what's a stock market investor to do? you're going to go up, you're going to go down. you saw today you had a is 00-point swing. but that's no way to be invested. what is your advice on how investors play this fiscal debate? >> i understand the sentiment that the wise thing to do is to take a long-term perspective. but every once in a while we experienced this in the summer of 2008. we're experiencing it again now. every once
that's what boehner wants to do. what boehner said the day after the zbl the -- >> no, let me pick you up on that. that would be very bullish. i happen to totally agree with you. and that's exactly what speaker john boehner wants to do. that is precisely what he wants to do. essentially have tax reform and have entitlement reform and have it laid out so it it all gets done next year. this year is the down payment. >> that's right. >> now, don, is it too early, though, to make...
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Nov 15, 2012
11/12
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MSNBC
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can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table with the president to make a grand deal in some form or fashion? >> ultimately, yes. i think those are the starting negotiating positions which are understandable. you have obama 250, you have republicans at least admitting there needs to be new revenue and want to go through the loopholes first and see where they can get revenue there. that's obviously not going to be enough. some point they're going to have to give on it. it may be ultimately that we have a situation where they -- the tax cut dozen expire. we go off the cliff for 24 hours but that offers the republicans an opportunity to come back and vote for a tax cut for those under 250 rather than increase through extension. that's an outcome that's possible. >> i'm curious about the notion the republicans can save face if we go over the fiscal cliff although lately people have been calling it the fiscal curb, it's unclear how much of a steep drop it is in the first 24 hours. can republicans, if the pr
can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table with the president to make a grand deal in some form or fashion? >> ultimately, yes. i think those are the starting negotiating positions which are understandable. you have obama 250, you have republicans at least admitting there needs to be new revenue and want to go through the loopholes first and see where they can get revenue there. that's obviously...
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Nov 16, 2012
11/12
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FOXNEWS
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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Nov 20, 2012
11/12
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MSNBCW
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speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tric
speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or...